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Question 1 Not yet At 31 December 2014, the end of their accounting year, the Zanzibar trading ... At 31 December 2014, the end of their accounting year, the Zanzibar trading company understated ending inventory by $4,250. The profit for 2014 will be: answered Marked out of 1.00 Select one: P Flag question a. Overstated. b. Dependant on whether or not the inventory increased during 2014. c. Correctly stated. d. Understated